thoughts of a small time sdl shareholder, page-7

these are the facts
1/ this is a first class iron ore project
2/ first mover advantage
3/ hanlong are extremely helpful to sdl endevours
4/ the main game is mining licenses !!!
5/hanlong and sdl are doing the hard yards together
6/ will the chinese developement bank fund the project
as george jones has indicated yes they will.

chinese have been involved for years with the governments there its all going ahead .

apart from the rio/s bhp interested extrada others
the games really hot up once licenses issued .
IMO chinese will fund the project via another chinese steel mill once hanlong have done their job then step aside
they have spent lots of money & time .
IMO --they are about selling their shares for a much higher price !
be realistic these are tough economic times 57c is a great result to shareholders in a battered market